American Banker Names Alerus a Best Bank to Work For

GRAND FORKS, N.D. (Nov. 8, 2021) – Alerus is pleased to announce it has been named one of American Banker’s Best Banks to Work For in 2021. The annual list is selected through extensive reviews of company benefits and policies, in addition to employee surveys to obtain firsthand feedback on workplace priorities and company culture. Alerus is one of 90 organizations throughout the U.S. named to the 2021 list.

“The past 18 months have challenged many previously held concepts related to ’workplace’ and how to perform at a high level while maintaining work-life balance,” said Alerus Chairman, President, and Chief Executive Officer Randy Newman. “By remaining nimble and open to new ideas, we have been able to quickly adapt our workplace policies to reflect the changing norms while maintaining our commitment to providing exceptional client service. Our employees are our greatest asset, and we know that when we take care of each other, we can all take better care of our clients. Being named among the top banks in the country to work for is extremely gratifying and inspires us to continue striving to be a preferred employer.”

Alerus employs more than 800 people primarily in Arizona, Colorado, Michigan, Minnesota, New Hampshire, and North Dakota. Company benefits include an employee stock ownership plan (ESOP) for eligible employees, a generous time off program, comprehensive health, retirement and benefits packages, and access to the same financial guidance and tools that are available to Alerus clients. Other programs, such as the SMART (Small Miracles Are Reached Together) Fund and the Connect with the Community program, provide opportunities to support employees experiencing hardships and use paid time off to volunteer in the community.

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About Alerus

Alerus (Alerus Financial, N.A.) is a diversified financial services company headquartered in Grand Forks, ND. Alerus provides innovative and comprehensive financial solutions to businesses and consumers through four distinct business segments—banking, retirement and benefit services, wealth management, and mortgage. These solutions are delivered through a relationship-oriented primary point of contact along with responsive and client-friendly technology. Alerus Financial banking and wealth management offices are located in Grand Forks and Fargo, ND, the Minneapolis-St. Paul, MN metropolitan area and Scottsdale and Mesa, AZ. Alerus Retirement and Benefits plan administration offices are located in St. Paul, MN, East Lansing, MI, and Littleton, CO.